Paul Kapustka's Blog
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February 13, 2006
Dorman's parting shot -- an AT&T golf weekend
So apparently 30 million wasn't enough of a going-away gift for AT&T's Dave "quick exit" Dorman -- according to a report in the San Jose Mercury News this weekend, Dorman got to play in the AT&T Pebble Beach National Pro-Am in Pebble Beach as his "final official act."
A notes column by reporter John Ryan reads as follows (enclosed here since finding archives from the Merc is always iffy):
Most people get a cake when they leave a company. Dave Dorman got this. Dorman, CEO of AT&T until it was bought by SBC, left Jan. 31. But Ed Whitacre, now CEO -- the company is still called AT&T -- let Dorman play the tournament as his final official act. (Dorman had six months to accept a $30 million severance package; after the six-month mark, he'd get nothing. Being the smart guy he is, he took the buyout.) He would love to continue playing, and by now he knows the people who make it happen, but spots can be hard to come by. What if his turn doesn't come up for a while? ``My great memories have to do with camaraderie, the great people that are here, competition,'' he said. ``It's really just a warm, social occasion built around golf.'' And one other thing: a hole-in-one in a practice round in 2001, the first year of the new fifth hole. ``At the time, it was about the fourth hole-in-one.''
Awww... nothing like a warm and fuzzy exit straight from the heart of ol' Big Ed. And aren't you glad that Dave hisself is worried that he might not ever have the corner-office pull to get himself into the tourney again? I mean, after PointCast... and Concert... and... well, glad he had a fun weekend, aren't you?
Posted by paul at February 13, 2006 10:05 PM